Barclays Capital Gives Underweight Rating to Alon USA Energy (ALJ)

Alon USA Energy (NYSE: ALJ)‘s stock had its “underweight” rating reiterated by equities research analysts at Barclays Capital (NYSE: BCS) in a research note issued to investors on Monday.

Several other analysts have also recently commented on the stock. Analysts at Dahlman Rose initiated coverage on shares of Alon USA Energy in a research note to investors on Thursday, April 26th. They set a “hold” rating on the stock. Analysts at Macquarie upgraded shares of Alon USA Energy from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, February 14th.

Alon USA Energy traded up 1.25% on Monday, hitting $8.12. Alon USA Energy has a 52-week low of $5.35 and a 52-week high of $13.39. The company’s market cap is $454.0 million.

Alon USA Energy last posted its quarterly earnings results on Thursday, March 8th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by $0.10. The company’s revenue for the quarter was up 38.2% on a year-over-year basis. Analysts expect that Alon USA Energy will post $0.51 EPS next quarter.

Alon USA Energy, Inc. is an independent refiner and marketer of petroleum products operating primarily in the South Central, Southwestern and Western regions of the United States.